The move means the four-year-old fintech company, already valued at $5 billion (£3.25 billion), will be a short distance away from the European headquarters of Google, Facebook, and Airbnb.

The company — founded by high-flying Irish brothers Patrick Collison, 27, and John Collison, 25 — builds tools for businesses that allow them to easily accept and track online payments, managing things like integration with banks and online systems.

So far, Stripe has raised over $100 million (£67 million) from big-name investors like Elon Musk, Peter Thiel, and Aaron Levie, as well as financial heavyweights like American Express and Visa. It has 251 to 500 employees, according to the startup database CrunchBase, but it's aiming to become a 1,000-person company within the next few years.

A representative for Stripe told Silicon Republic that Stripe planned to gradually grow its operations in Dublin.

Stripe, which processes billions of dollars a year for customers including Lyft and Salesforce, will move into the 45,000-square-foot property known as The One Building, though it will reportedly occupy only part of it to begin with.

Facebook, Google, and Airbnb are among the tech giants with offices in Dublin's Silicon Docks district.

"As a company with Irish founders, The One Building not only cements our Irish roots but provides enough space to gradually expand our team," said Don O'Leary, Stripe's country lead for Ireland.

"As we look to provide faster, more local support to our European users, being centrally located with room for growth was a top priority for us."

Business Insider has contacted Stripe to find out which type of employees will be based in Dublin.